Why are most traders selling silvers at 20+ USD while the market price is at 17 USD ?
Is there any reason for that?
how to invest silver in malaysia
how to invest silver in malaysia
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Jun 5 2010, 03:20 PM
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#1
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Senior Member
6,728 posts Joined: Jan 2003 From: YOUR HOUSE |
Why are most traders selling silvers at 20+ USD while the market price is at 17 USD ?
Is there any reason for that? |
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Oct 1 2010, 04:22 PM
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#2
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6,728 posts Joined: Jan 2003 From: YOUR HOUSE |
QUOTE(Hawtmail @ Oct 1 2010, 11:45 AM) Anyone's been investing on silver? Silver was priced at $25-27 per ounce 2 months ago? You might want to double check again because Silver just hit a 30 year old high about a week ago at nearly $22 something.I've been watching Robert T. Kiyosaki's video and he's praising Silver as a good way to preserve wealth, he even wrote in his latest book. So i did a research on Silver which was about 2 months ago where the price was located at $25-27 p.o in average, but on Sept 13 my supplier from S'pore told me it will drop to $19-20 p.o, which on 15 Sept the price rapidly dropped to $20 check on http://silverprice.org/ and according to my supplier it will climb back to it's all-time high $50 soon. As people are starting to have their eye on it. To me Silver may seen to be a great way of preserving wealth and fighting off inflation, and it's much more affordable compare to Gold, thou i still enjoy see-ing a quick return from my investments such as Stocks or Forex. So what do u guys think? |
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